TURIN – Fiat Chrysler Automobiles has told its suppliers that its next-generation of baby cars will use a belvedere from PSA Group.
The two companies are in talks to amalgamate into a new automotive accumulation that will be accepted as Stellantis. The merger’s achievement is accepted in the aboriginal division of abutting year.
In a letter beatific in backward July and acquired by Automotive News Europe, FCA asked its suppliers to anon stop any research, development and applique architectonics activities on approaching B-segment (small/subcompact) cars.
FCA had already told suppliers in March to briefly append the development of bristles baby cars for the Alfa Romeo, Fiat, Lancia and Jeep brands because of the COVID-19 pandemic.
FCA had adapted its small-car belvedere so that it could be acclimated by a new ancestors of baby cars with gasoline and agent engines and battery-power. The Fiat New 500 full-electric minicar, which arrives in European dealerships in October, is underpinned by the platform. The New 500, which is congenital in Turin, will not be offered in North America.
FCA’s new baby cars will about-face to PSA’s Common Modular Belvedere (CMP) small-car architecture. The belvedere underpins the Peugeot 208 and 2008, the Opel/Vauxhall Corsa and new Mokka, and DS3 Crossback. All these models accept centralized agitation agent as able-bodied as full-electric variants.
In its agenda to suppliers, FCA said it will body CMP-based baby cars in its bulb in Tychy, Poland. The branch currently makes the Fiat 500 and Lancia Ypsilon. Italian columnist letters advance FCA will body up to 400,000 units a year of CMP-based models in Tychy.
FCA and PSA charge abide to behave and act as competitors until the alliance is completed to abstain any accessible antitrust issues. To abstain acknowledged problems, FCA told its suppliers that it has created a standalone cooperation with PSA for development, accumulation and accumulation of cartage based on PSA’s CMP platform.
FCA’s accommodation to use PSA’s CMP architectonics is constant with its accommodation to carelessness affairs minicars and apply on baby cars.
In October, FCA said it affairs to abdicate Europe’s minicar segment, area it is the leader, abutting added automakers in axing their aboriginal cars because of accretion development costs so the models accommodated tougher emissions limits.
FCA commonly dominates minicar sales in Europe with the Fiat 500 and Panda, that alternating at the top of the segment. Aftermost year Fiat awash 183,322 units of the Panda and 175,566 units of the 500, able-bodied advanced of the Toyota Aygo at No. 3 with sales of 97,944. The Panda and 500 had a accumulated one third allotment of minicar sales in Europe, according to JATO Dynamics data.
FCA aims to try to about-face Fiat’s minicar barter to the small-car segment.
“In the actual abreast approaching you will see us refocus on this higher-volume, higher-margin segment, and that will absorb a move abroad from the minicar segment,” FCA Mike Manley told analysts on FCA’s third-quarter balance alarm on Oct. 31.
Fiat affairs to win aback barter in the small-car articulation it exited in 2018 back the Punto auto was discontinued, Manley said. The Punto was Fiat’s acknowledged car in Europe for a continued time but above FCA CEO Sergio Marchionne said its sales were not ample abundant to body a almsman profitably.
The Punto was already Fiat’s acknowledged car in Europe but sales beneath and the archetypal was axed in 2018.
Fiat will aim to about-face loyal minicar barter to auto cars while additionally befitting barter who still own a Punto, Manley said. The small-car articulation is Europe’s better and is “a abundant college accumulation basin than the A (minicar) segment,” he said.
Manley did not accord the timing of the move abroad from the minicar segment, but industry assembly say it would be a midterm plan that will appear by 2024.
Moving to a PSA belvedere for its new bearing of baby cars will accord FCA college economies of scale, acid development costs. FCA affairs to body alone the New 500 auto and its convertible alternative on its revised baby car belvedere on an 80,000-units a year band at its Mirafiori bulb in Turin.
PSA aftermost year congenital about 161,000 cartage underpinned by its CMP architecture. On Dec. 18, in a collective presentation to outline the allowances of the proposed merger, the two companies said the CMP belvedere could affirm 2.6 actor units by 2025, extensive “industry criterion levels.”